A confidential opportunity to own an HMO in the HEART of the City Centre. The home boasts 8 very large bedrooms, a modern kitchen & living space. Annual rental income of £67,132.85, utility bills are paid by the tenants and includes THREE parking spaces.
Enquire today about this wonderful opportunity to own an HMO in the HEART of the City Centre, located by Exeter's Miles Clock Tower. This mid 1800's Victorian home boasts 8 very large bedrooms, a modern kitchen and living space. Annual generated rental income of £67,132.85, which is over an 8% yield. Utility bills are being paid by the tenants for the 2024/2025 tenancy & all furniture can be included.
This property also boasts 3 car parking spaces, very rare in the City Centre.
This is a large and spacious property, all bedrooms are a great size (large doubles) with many being exceptionally large, and overall there is ample living space for occupants.
Situated very close to the University of Exeter, which ranks 13th in The Times Good University Guide 2024, the property benefits from its strategic location in a city experiencing significant growth in its student populationâa 58% increase since 2014. This investment not only promises substantial returns but also positions you in a market with increasing demand.
Investors will value the option of hands-off management for this property, with a professional team available to ensure optimal service and maintenance. This turnkey solution offers flexibility for those looking to expand their portfolio in the professional rental market, allowing for minimal operational oversight if desired.
Take advantage of this exceptional property to secure your position in one of the UK's most sought-after educational hubs, ensuring a steady and growing income for years to come.
